GE Aerospace Beats Q3 Estimates With $2.25 Adjusted EPS, $13.3B Adjusted Revenue
GE is trading near its 52-week low of $268.91 (12% above the low).
Summary
GE Aerospace delivered a clean Q3 beat: adjusted EPS of $2.25 came in well above the $2.01 IBES estimate, and adjusted revenue of $13.3B topped the $12.874B consensus. Reported revenue was $14.1B and continuing EPS $2.32. The print lands alongside the 8-K and 10-Q filed this morning, which showed orders up 49%, adjusted EPS up 36%, a $212B backlog, and raised 2026 guidance across revenue, profit, EPS and cash, now set at adjusted EPS of $8.00-$8.10 (up from $7.65-$7.85), free cash flow of $9.1B-$9.4B (up from $8.9B-$9.2B) and operating profit of $10.9B-$11B (up from $10.55B-$10.75B). Cash from operating activities was $2.2B and free cash flow $2B, while the commercial services backlog tops $170 billion. For a company this size, a beat of roughly 12% on EPS plus a guidance raise is a thesis-affirming quarter, though the 10-Q also disclosed a $328M insurance charge and new IRS audit language on 2016-2020 returns that temper the headline. The stock at $301.75 will likely react to the guidance raise and order strength more than the EPS line itself.
At the time of this announcement, GE was trading at $301.75 on NYSE in the Manufacturing sector, with a market capitalization of approximately $323B. The 52-week trading range was $268.91 to $388.84. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.